Post-Keynesian Views of the Crisis and its Remedies

by Oscar Dejuan Asenjo

Book Overview

At the end of the 20th century, mainstream economics was based on theories which viewed capitalism as a self-regulating system, whereby crises come about due to external shocks and would be automatically corrected by the price mechanism if it was flexible enough. Post-Keynesian economists, however, consider that the business cycle and the crises are endogenously generated. They recommend active policies as a response, though the remedies...

• Format: Paperback
• Language: English
• ISBN: 1138902063
• ISBN13: 9781138902060
• Release Date: March 2015
• Publisher: Routledge
• Length: 308 Pages
• Weight: 0.99 lbs.
• Dimensions: 0.7" x 6.1" x 9.2"